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Microcap & Penny Stocks : Star Technology STRR
STRR 10.66-0.3%Jan 14 2:37 PM EST

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To: Arthur Tang who wrote (271)12/9/1997 9:58:00 AM
From: dwight vickers  Read Replies (1) of 872
 
I took your prior statement to mean the 50 day was only important if the move was 50 days and and the trend was a continuation.

Otherwise I don't need a tutorial, I've been charting for over 25 years.

The reason the 50 day and 200 day are important no matter what your interpretation is, is because the public, as well as institutions pay attention to them. At Yahoo charts they are the only M/A's available, as an example.

And we did stop dead at the 50 yesterday.

We also tested the $.75 breakout level for the stock which I posted quite a while back was likely to happen.

No matter the bullish fundamental outlook for STRR that was being posted here at much higher levels.

Dwight
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